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**Strategy Makes a Significant Move in the Market by Adding 1,955 Bitcoin**
In a recent development, Strategy has announced the addition of 1,955 Bitcoin (BTC) to their already substantial holdings. This strategic move comes with an impressive price tag of approximately $217.4 million, with each Bitcoin valued at around $111,196.
As a result of this significant acquisition, Strategy’s total BTC holdings now stand at a staggering 638,460. The sheer magnitude of this investment is a testament to the company’s long-term commitment to Bitcoin as a core treasury asset and its substantial faith in the cryptocurrency market.
The average price paid for each Bitcoin, $73,880 per unit, further underscores Strategy’s confidence in the digital currency. It will be interesting to see how these new holdings impact the market in the coming days.
**About the Author**
Sohrab Khawas is a passionate cryptocurrency news writer with over five years of experience covering the industry.
Source: coinpedia.org
